Fitbit to slash 6% of workforce, 6.4 million devices sold in Q4 2016
Fitbit has announced preliminary results for Q4 2016. The company is slashing 6 percent of its global workforce which is 110 of its employees as a result of disappointing fourth quarter financials. The wearable maker expects to report 6.5 million devices sold and revenue for the fourth quarter of 2016 to be in the range of … Continue reading "Fitbit to slash 6% of workforce, 6.4 million devices sold in Q4 2016"
Read Here»